Don’t Botch Your Social Security Filing
Maurie Backman notes the tremendous freedom people have to choose when they file for their Social Security retirement benefits– essentially any age between 62 and 70. But one could easily harm their financial situation for life by claiming at the wrong age, as monthly benefits are significantly higher the longer one waits. The key points are knowing your full retirement age (66-67 depending on birth year), assessing your health, and considering your spouse. Read full article here.
AMAC’s Foundation offers a free-to-the-public advisory service to all folks ageing into or already in Social Security. This service provides guidance in understanding the complexities of the program and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.